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Article: Counter Suit By CoolBrands Without Merit Says Weight Watchers.
- Article from:
- PR Newswire
- Article date:
- August 11, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The counter suit filed by CoolBrands International, Inc. (TSX: COB.A) in response to a lawsuit filed by Weight Watchers International, Inc. , is without merit, Weight Watchers said today.
On July 28, 2004, the agreement with Wells' Dairy, Inc. to sell Weight Watchers branded ice cream and frozen novelties products after October 1, 2004 was announced. Later the same day, Cool Brands announced its intention to breach the current license agreement for the Weight Watchers/Smart Ones ice cream and frozen novelties products. On August 3, 2004, Weight Watchers filed a lawsuit in New York State court seeking to ensure that CoolBrands lives up to its contractual ...